Sting

[nikon F]

looks like mr Sting has sold his back catalogue as well. must be hard up or something

Edited February 12, 2022 by Rich

[AndyTravis]

Got to be in the £500m-£1b mark for all that?

 

Springsteen got £500m

[Doddy]

  On 10/02/2022 at 17:53, AndyTravis said:

Got to be in the £500m-£1b mark for all that?

 

Springsteen got £500m

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$300m apparently.

[AndyTravis]

  On 10/02/2022 at 18:00, Doddy said:

$300m apparently.

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Oooft he’s got to be worth double that already…

[oldslapper]

  On 10/02/2022 at 18:09, AndyTravis said:

Oooft he’s got to be worth double that already…

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He got stung 

[SteveXFR]

I'm surprised it's worth that much considering how little streaming services pay.

[AndyTravis]

  On 10/02/2022 at 18:12, SteveXFR said:

I'm surprised it's worth that much considering how little streaming services pay.

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It’s about usage in films/tv and radio plus too.

 

with something like “every breath you take” alone that will probably be paid back in a couple of years.

[Grahambythesea]

If he’s got £300m given his age he’ll be hard pressed to spend it all! Not a bad pension pot. He does not give the impression of living an extravagant life style.

[AndyTravis]

  On 10/02/2022 at 18:42, Grahambythesea said:

If he’s got £300m given his age he’ll be hard pressed to spend it all! Not a bad pension pot. He does not give the impression of living an extravagant life style.

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His great great grandchildren won’t have to worry…probably more generations than that 🤣

[MacDaddy]

  On 10/02/2022 at 18:42, Grahambythesea said:

If he’s got £300m given his age he’ll be hard pressed to spend it all! Not a bad pension pot. He does not give the impression of living an extravagant life style.

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It's about the tax. Apparently less is paid on the purchase amount, than would be paid yearly.

Or something 😆

 

[MacDaddy]

Alice in Chains, have sold theirs for $50 million. Paltry by comparison 😉

 

 

[AndyTravis]

[Lozz196]

  On 10/02/2022 at 18:37, AndyTravis said:

It’s about usage in films/tv and radio plus too.

 

with something like “every breath you take” alone that will probably be paid back in a couple of years.

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I wonder what Andy Summers, who wrote that riff will make of it all.

[AndyTravis]

  On 10/02/2022 at 19:32, Lozz196 said:

I wonder what Andy Summers, who wrote that riff will make of it all.

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Bet he’d be bitter, massively hacked off and he’d hold a grudge for years…

 

probably.

[Guest]

Considering he started off playing double bass in jazz clubs around Newcastle, worked hard to generate and sustain success and (co-) wrote some great songs, fair play to him. I’d do the same but I would probably have done it a decade or two earlier 

[Bilbo]

They can have mine for £30 and a (big) bag of Revels. 

[Doctor J]

At least he didn't sell it for... Peanuts.

[nikon F]

  On 10/02/2022 at 20:25, Doctor J said:

At least he didn't sell it for... Peanuts.

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i see what you did there 😄

[Doctor J]

You're possibly the only one. You might say there is nobody... next to you.

 

 

 

 

I'm very sorry.

[TimR]

  On 10/02/2022 at 18:45, AndyTravis said:

His great great grandchildren won’t have to worry…probably more generations than that 🤣

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TBH I assume it's a move to simplify his estate and make inheritance tax more efficient and guarantee a sum. 

[BigRedX]

Once again the important question is what exactly has Sting sold.

 

Most reports don't bother with the details, but AFAICS it's just the publishing which ought be less than 50% of his performance royalty income.

[Guest]

  On 10/02/2022 at 18:09, oldslapper said:

He got stung 

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The news of this created quite a buzz. It's a real honey of a deal.  I understand The Hives are looking to do the same, as is Queen.  I reckon the publishers will make a bee line if they did.

[oldslapper]

  On 11/02/2022 at 13:26, Bassfinger said:

The news of this created quite a buzz. It's a real honey of a deal.  I understand The Hives are looking to do the same, as is Queen.  I reckon the publishers will make a bee line if they did.

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I see you’ve been combing for puns….not exactly been bumbling along now have you? 

[Oomo]

  On 10/02/2022 at 18:12, SteveXFR said:

I'm surprised it's worth that much considering how little streaming services pay.

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I think there's also a fight to get exclusive access to as much as possible (this happens with Netflix/Disney+/Amazon Prime etc.). Many people won't want to subscribe to many streaming platforms, so if your platform has exclusive rights to X% of music, hope is that people will pick yours, and eventually kill of the competition.

[SteveXFR]

  On 11/02/2022 at 16:10, Oomo said:

I think there's also a fight to get exclusive access to as much as possible (this happens with Netflix/Disney+/Amazon Prime etc.). Many people won't want to subscribe to many streaming platforms, so if your platform has exclusive rights to X% of music, hope is that people will pick yours, and eventually kill of the competition.

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That is a bummer. The biggest streaming platforms are the ones with the worst sound quality and pay the least to artists.